Bitmine Immersion Technologies Inc (BMNR)

Financial Services | Financial Capital Markets
Income Statement (Quarterly) 2025-05-31 2025-02-28 2024-11-30 2024-08-31
Revenue 2,051,856 1,517,422 1,200,830 682,435
Cost of Revenue 1,560,985 1,212,706 1,080,625 570,799
Gross Profit 490,872 304,716 120,205 111,636
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 508,956 587,594 185,722 167,542
Operating Expenses 958,823 317,842 1,004,223 772,112
Operating Income -467,952 -913,623 -884,018 -660,475
Interest Expense 71,867 60,496 68,435 58,316
Income Before Tax -622,762 -1,156,891 -3,935,386 -813,873
Income Tax Expense 0 0 -2,960,647 0
Net Income -622,762 -1,156,891 -974,738 -813,871
Per Share
EPS -0.31 -0.03 -0.08 1.00
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-08-31 2023-08-31 2022-08-31
Revenue 3,310,348 645,278 427,669
Cost of Revenue 2,549,321 422,808 556,699
Gross Profit 761,027 222,470 -129,030
Operating Expenses
R&D Expenses 0 0 0
SG&A Expenses 1,231,731 2,059,975 1,573,618
Operating Expenses 3,208,512 2,635,471 1,585,154
Operating Income -2,447,485 -2,413,000 -1,714,183
Interest Expense 268,578 97,460 291,048
Income Before Tax -3,292,503 -2,464,803 -2,005,233
Income Tax Expense 0 0 0
Net Income -3,292,503 -2,464,801 -2,005,233
Per Share
EPS -0.07 -0.05 -0.05
EPS Diluted 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-08-31 2023-08-31 2022-08-31
Assets
Cash and Cash Equivalents 499,270 270,547 392,550
Short Term Investments 0 0 0
Net Receivables 374,444 0 491,395
Inventory 0 0 -491,395
Total Current Assets 1,563,679 749,991 888,945
Property Plant Equipment 4,771,309 4,949,168 6,531,477
Goodwill and Intangibles 0 129,469 21,434
Total Assets 7,283,529 8,202,805 7,974,201
Liabilities
Account Payables 400,584 74,903 84,761
Short Term Debt 1,625,000 1,300,000 -232,913
Total Current Liabilities 3,130,885 1,558,556 317,674
Long Term Debt 0 0 0
Total Liabilities 3,195,530 1,945,440 569,995
Shareholders Equity
Retained Earnings -8,223,870 -4,931,367 -2,466,566
Total Shareholders Equity 4,088,000 6,257,365 7,404,206
Balance Sheet (Annual) 2024-08-31 2023-08-31 2022-08-31
Assets
Cash and Cash Equivalents 499,270 270,547 392,550
Short Term Investments 0 0 0
Net Receivables 374,444 0 491,395
Inventory 0 0 -491,395
Total Current Assets 1,563,679 749,991 888,945
Property Plant Equipment 4,771,309 4,949,168 6,531,477
Goodwill and Intangibles 0 129,469 21,434
Total Assets 7,283,529 8,202,805 7,974,201
Liabilities
Account Payables 400,584 74,903 84,761
Short Term Debt 1,625,000 1,300,000 -232,913
Total Current Liabilities 3,130,885 1,558,556 317,674
Long Term Debt 0 0 0
Total Liabilities 3,195,530 1,945,440 569,995
Shareholders Equity
Retained Earnings -8,223,870 -4,931,367 -2,466,566
Total Shareholders Equity 4,088,000 6,257,365 7,404,206
Cash Flow Statement (Quarterly) 2024-08-31 2023-08-31 2022-08-31
Operating Activities
Net Income -3,292,503 -2,464,801 -2,005,233
Depreciation & Amortization 923,545 470,705 3,125
Stock Based Compensation 1,123,138 1,317,961 856,724
Change in Working Capital 789,494 -256,529 -483,860
Operating Cash Flow -28,753 -809,715 -1,629,243
Investing Activities
Capital Expenditure -75,934 -612,288 -2,767,306
Investments -75,934 -612,288 -2,767,306
Investing Cash Flow -67,525 -612,288 -2,767,306
Financing Activities
Debt Repayment 0 -1,300,000 0
Common Stock Issued/Repurchased 0 0 1,812,500
Dividends Paid 0 0 0
Financing Cash Flow 325,000 1,300,000 4,570,363
Summary
Free Cash Flow -104,687 -1,422,003 -4,396,549
Net Change in Cash 228,723 -122,003 173,813
Cash Flow Statement (Annual) 2024-08-31 2023-08-31 2022-08-31
Operating Activities
Net Income -3,292,503 -2,464,801 -2,005,233
Depreciation & Amortization 923,545 470,705 3,125
Stock Based Compensation 1,123,138 1,317,961 856,724
Change in Working Capital 789,494 -256,529 -483,860
Operating Cash Flow -28,753 -809,715 -1,629,243
Investing Activities
Capital Expenditure -75,934 -612,288 -2,767,306
Investments -75,934 -612,288 -2,767,306
Investing Cash Flow -67,525 -612,288 -2,767,306
Financing Activities
Debt Repayment 0 -1,300,000 0
Common Stock Issued/Repurchased 0 0 1,812,500
Dividends Paid 0 0 0
Financing Cash Flow 325,000 1,300,000 4,570,363
Summary
Free Cash Flow -104,687 -1,422,003 -4,396,549
Net Change in Cash 228,723 -122,003 173,813